Commercial Facade, Landscape, and Infrastructure Grant Program Funding and Lien Agreements
From:
Tonya Gant, Director
Organization:
Neighborhood & Human Svcs
CAO Approval:
RECOMMENDATION:
Recommendation Concerning Commercial Facade, Landscape, and Infrastructure Grant Program Funding and Lien Agreements for Property Located at 3960 Navy Boulevard - Tonya Gant, Neighborhood & Human Services Department Director
That the Board ratify the following July 18, 2017, action of the Board of County Commissioners of Escambia County, acting in its capacity as the Escambia County Redevelopment Agency (CRA), concerning the Commercial Facade, Landscape, and Infrastructure Grant Program Funding and Lien Agreements for property located at 3960 Navy Boulevard:
A. Approving the Commercial Facade, Landscape, and Infrastructure Grant Funding and Lien Agreements between Escambia County CRA and Navy Park, LLC, owner of commercial property located at 3960 Navy Boulevard, Pensacola, Florida, in the Warrington Redevelopment District, each in the amount of $2,929, representing an in-kind match through the Warrington Tax Increment Financing (TIF), Fund 151, Cost Center 370114, to install fencing; and
B. Authorizing the Chairman to sign the Funding and Lien Agreements and any related documents necessary to implement this Grant award.
BACKGROUND:
The CRA created the matching Grant programs to be implemented within the County's redevelopment districts. The intent of the matching Grant programs is to incentize private investment to upgrade the appearance, property values, and economic activity on selected commercial corridors and/or residential properties. A rendering of the project is attached.
BUDGETARY IMPACT:
Funding for the Grant will be provided as follows;
1. Navy Park, LLC, Warrington TIF, Fund 151, Cost Center 370114, in the amount of $2,929.
LEGAL CONSIDERATIONS/SIGN-OFF:
The Funding and Lien Agreements were reviewed and approved as to form and legal sufficiency by Kristin Hual, Assistant County Attorney.
PERSONNEL:
Neighborhood & Human Services Department/Community Redevelopment Agency (NHS/CRA) staff will handle this Grant award.
POLICY/REQUIREMENT FOR BOARD ACTION:
Board approval is required for disbursement of funds to all private individuals or outside agencies.
IMPLEMENTATION/COORDINATION:
NHS/CRA staff, in coordination with the property owner, will handle all implementation tasks.